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NEW YORK May 24 (Reuters) - The U.S. Federal Reserve's balance sheet rose in the latest week, Fed data released on Thursday showed. The Fed's balance sheet - a broad gauge of its lending to the financial system - stood at $2.843 trillion on May ...
May 24, 2012 at 20:22 | Source: Reuters
LONDON (Reuters) - Seven out of 10 Britons want the government to soften its spending cuts and do more to stimulate economic growth, according to an opinion poll published on Tuesday that will make uncomfortable reading for the ruling coalition.
May 29, 2012 at 09:47 | Source: Reuters UK
A Federal Reserve regional bank president on Thursday said board members should resign if they undermine public confidence in the central bank system. In the wake of recent criticism of J.P. Morgan Chase & Co. Chief Executive James Dimon‘s ...
May 24, 2012 at 18:14 | Source: Wall Street Journal
Philadelphia Federal Reserve Bank President Charles Plosser said central bankers should consider how to design rules guiding their emergency lending during crises. “Monetary theory has given a great deal of thought to rules and credibility in ...
May 25, 2012 at 10:27 | Source: Bloomberg
NEW YORK, May 24 (Reuters) - Further action by the Federal Reserve to stimulate the U.S. recovery is not warranted for now because current growth is making a dent in "slack" in the economy, including in the labor market, the influential head of ...
May 24, 2012 at 20:51 | Source: Reuters
Another reason the Federal Reserve may have additional room for monetary easing: Inflation expectations fell sharply in May, according to the latest Thomson Reuters/University of Michigan survey of consumer sentiment. Inflation expectations five years out ...
May 25, 2012 at 16:46 | Source: Reuters Blogs
WASHINGTON May 22 (Reuters) - Three U.S. senators on Tuesday proposed legislation barring bankers from serving on the boards of the Federal Reserve's 12 regional banks, saying the practice poses dangerous conflicts of interest that are ...
May 22, 2012 at 21:51 | Source: Reuters UK
JPMorgan Chase & Co. (JPM) Chief Executive Officer Jamie Dimon adds insight to the Federal Reserve Bank of New York board, said Tom Wilson, the Allstate Corp. CEO who previously was a director at the Chicago district bank. “Jamie Dimon is a ...
May 22, 2012 at 18:59 | Source: Bloomberg
WASHINGTON -(Dow Jones)- Jerome Powell was sworn in to the Federal Reserve's Board of Governors on Friday, the central bank said in a statement. Fed Chairman Ben Bernanke administered the oath to Powell, 59, in the central bank's Board Room Friday.
May 25, 2012 at 14:09 | Source: NASDAQ
May 22 (Bloomberg) -- The presidents of the Federal Reserve's regional banks received an average salary of $342,000 last year, with William C. Dudley at the New York Fed taking home the highest salary at $410,780. The 12 regional bank presidents ...
May 22, 2012 at 17:54 | Source: San Francisco Gate